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"morning joe." now time for "the daily rundown". >>> big disappointment on the job front. employment stalled, unemployment rises to 9.2%, stock futures dropping big-time on the news. the president will address the numbers later this morning. >>> no deal yet, but president obama and congressional leaders will work all weekend and instead of barbs we're hearing words like "constructive" and "productive." optimism abounds as a deal is truly in the works. both sides seem prepared for seergs concessions. what do these jobs numbers mean and will they hold up a deal as it gets rid of a lot of other issues at this point? >>> and with outside groups set to pour millions into the 2012 race, what's an incumbent pro president to do? is fighting fire with fire the answer? it's friday, june 8, 2012. >>> also this morning, waiting the final shuttle launch. will weather clear in time? and we've honored a departed friend you've invited into your living rooms for decades. >>> this jobs report, we thought the big news today would be the debt talks, but a stunning jobs report, gain of just 1
the cynicism and show the american people we can still do big things." so he will make the case to congressional leaders that we must reject politics of least resistance and take on this critical challenge. joining us now is the senate's top republican, who will be a key participant at today's talks. senator mitch mcconnell. welcome back to "fox news sunday." >> glad to be here. >> bret: let's start with what happened and from your perspective, where do things stand now ahead of the meeting tonight at the white house? >> unfortunately, as the speaker said, the white house and congressional democrats are insisting on big tax increases as a condition to do anything on the spending side. bret, we believe the president is right back in december -- was right in december when he signed the two-year extension of the current tax rates that raising taxes in the middle of the economic situation we're in is a terrible idea. just look at the unemployment figures last friday. all the arguments the president used in december still work today there is an additional issue other than unemploymen
not be willing or able to, seemingly, take on big tasks. >> that happened all this week. kristin is live at the white house. a lot of talk. we're one day closer to that deadline. what can we expect to hear from the president in the next hour? >> hi there, richard. we expect the president to continue to push to get a big deal. what's a big deal? about $4 trillion in deaf sigz reductions over the next decade. at the end of last week, it looked like he and speaker boehner were moving towards the same page in terms of trying to get a big deal. that fell apart over the weekend. so we expect the president to resume calls for a big deal to say now is the time to seize the moment. there will be political pain on both sides. what he means by that is the democrats will have to come to the table over entitlements, making small changes to things like social security and medicare and the republicans will need to come to the table in terms of rolling back tax break for wealthy corporations and americans. as you said, richard, he's going to hammer this point that they will continue to work until they g
with the big debt talk. congressional leadering returning to the table this morning, after the grand bargain broke down last saturday and a tense 75-minute meeting last night failed to move negotiations forward. at 11:00 this morning, the president will hold a news conference to press publicly for his big deal. yesterday, his top economic adviser said the u.s. is out of options. >> we make 80 million checks a month to americans, 55 million people on social security benefits, millions more americans on veterans benefits, medicare, medicaid. people who supply our troops in combat. on august 2nd, we're left with cash on hand and the cash we take in. there is no credible way to give congress more time. there's no constitutional option, there's no delay option, there's no creative financial option. they have to act by the 2nd. >> no constitutional option, 14th amendment, off the table. here's what we know, debt talks appear to be at an impasse and here's why. the president is still pushing a big deal. democrats say the fallback plan, this $2 trillion plus package that was partially negotiated in
leaders are digging in on the big sticking point of taxes ahead of tomorrow's white house summit. chuck todd is nbc's chief white house correspondent and host of "the daily rundown." chuck, we've heard a lot from republicans. today at the bloomberg breakfast it was said that any tax measures had to be revenue positive over the long run that could be ten years out. eventually have to contribute toward deficit reduction. that is not what republican senator john cornyn was saying exactly the opposite what he said on our show yesterday that it has to be revenue neutral. how does the president hope to bridge this devoid? >> reporter: well, you know, they have an interesting tactic here. they believe and frankly behind the scenes so do house republicans believe it will be easier to sell a larger deal that has some things in it that nobody's crazy about on certain sides. whether some trims to entitlements on the democratic side or some of these revenue proposals on the republican side that if it's a large deal, $2.5 trillion to $4 trillion and maybe even $6 trillion in the out years meaning th
very big, very substantial to bring our long-term deficits down over time. we have to do that in a way that's good for the economy for more support because the economy is healing from the recession. it's going to require both sides to compromise. president's bringing leaders together again at the white house this evening to try to figure out how to move forward. >> what's he actually saying? because you're hearing boehner saying they're demanding tax increases, we're not going to do that. they've also said you were pedalling a bid on whether to cut entitlement programs like medicare or social security. what's the fact? >> that latter thing is not true. the president is standing tough. he is willing to do very, very difficult things. >> like what? on medicare? >> like getting substantial savings from the budget, across the budget. defense, the rest of government, even medicare/medicaid over the long term, there are things we can do responsibly to save money in those programs and we have to do that to bring the deficits under control. but to do that, we have to have some shared sacrifice
, but this is a grave moment for the country. we need to do something very big, very substantial to bring our long-term deficits down over time. we have to do that in a way that's good for the economy for more support because the economy is healing from the recession. it's going to require both sides to compromise. president's bringing leaders together again at the white house this evening to try to figure out how to move forward. >> what's he actually saying? because you're hearing boehner saying they're demanding tax increases, we're not going to do that. they've also said you were back pedaling a bit on whether to cut entitlement programs like medicare or social security. what's the fact? >> that latter thing is not true. the president is standing tough. he is willing to do very, very difficult things. >> like what? on medicare? >> like getting substantial savings from the budget, across the budget. defense, the rest of government, even medicare/medicaid over the long term, there are things we can do responsibly to save money in those programs and we have to do that to bring the deficits under
we are expecting what i think are unreasonable expectations. i'm a big believer in the jury system. i dedicated my professional career to it and i think it is the best system there is. >> bill: there is no other system. >> with that people have to go back and say what is realistic. prove beyond a reasonable doubt is not to a mat mathematical certainty. it is to a reasonable doubt. look at what is reasonable here. look at that cause of death. is there any reasonable doubt that this girl was murdered? >> bill: no. >> whether it was a premeditated murder or her mother was trying to quiet her. >> bill: if the little girl drown as i think one of anthony's attorneys said happened, you don't put duct tape over a drowned girl's mouth so that is out the window. you are not responsible for the the defense lawyers, you are not. these people introduce all kinds of crazy stuff they couldn't back up like i said in the talking points memo. weren't you offended as an american who wants justice for caylee anthony? weren't you offended by that? i was offended by that. >> a lot of the things that jose b
" with candy crowley begins right now. > speaker boehner balks as a big deal, but tonight's white house meeting is still on. today, the debt deal in peril with republican whip kevin mccarthy and democratic leader chris van hollen. then the economy in 2012 with rick santorum. >> we have a president who's in denial. >> and after the space shuttle with nasa administrator charles bolden. i'm candy crowley, and this is "state of the union." hope for a grand debt deal got buried last night in a blizzard of status quo rhetoric. speaker boehner writing -- out of the white house, communications director dan pfeiffer responded -- joining me now to try to make sense of where things stand, house republican whip, kevin mccarthy of california. if i am out there listening to all of this, i want to strangle all of you. why can you not get this deal? this looks to me like a strategic bargaining ploy rather than where we're actually going to end up from speaker boehner. >> i don't see that at all. boehn boehner's been very clear there are no votes for a tax increase. you look at the jobs data, only 18,000 jobs.
says she manages the migraine with medication and is otherwise healthy. with all of that said, big news out of texas today, the gor rick perry who said he recently feels a calling to national politics has now gotten green light from key constituent, his wife. >> as my wife was talking to me and says get out of your comfort zone. yeah, being governor of texas is a great job. but sometimes you are called to step in to the fray. >> reporter: no word on a timetable yet. unclear whether perry will participate in the straw poll. his aides here tried to respect event facilities and were told they missed the deadline now they're pulling back resources. perhaps he won't participate the straw poll but there is a chance he could be on the debate stage a few days beforehand. >> bret: a lot of flirting here going on. thank you. we'll talk about it in the panel. the man charged with the 2009 fort hood shooting rampage major nidal hasan was arraigned today and faces 13 counts of premeditated murder and 32 counts of attempted premeditated murder. the prosecution is seeking the death penalty. we'll show
. >> thank you. >>> speaking boehner balks as a big deal, but tonight's white house meeting is still on. today, the debt deal in pairil. and then the economy in 2012 with presidential candidate, rick santorum. >>> i am candy crowley, and this is "state of the union." hoped for a grand debt deal got buried last night in a blizzard of status quo rhetoric. the white house will not pursue a bigger debt reduction agreement without tax hikes. i think the best approach may be in producing a smaller measure. and dan pfeiffer responded, we cannot ask the middle class and seniors to bear all the costs and budget cuts. >>> joining me now, house republican whip, kevin mccarthy of california. if i am out there listening to all of this, i want to stan gul awful you. why can you not get this deal? it looks like a bargaining ploy? >> i don't think so. you would not increase taxes on the small business, which is what the president wants to do. you had an negotiation with cantor and kyl and biden. so what he's saying, let's go there, there's no taxes, and there are cuts right there, but why don't you als
as you know can happen instantly if some big player decides to sell off. >> obviously i'm not qualified to speak on behalf of the markets and what they will or will not do, but just my own judgment based upon all the various kinds of conversations that are occurring, are that we will find a way to deal with this issue. we do know that the root cause of our debt and deficit problem is spending is just too high. we also want economic growth. we don't want to embrace policies that we sincerely believe will damage the economy and hurt job creation. if you do that, then you lose even more revenues. so what we want to do is get a downpayment on our deficit and debt by getting spending cuts. i think that there are constructive conversations that are occurring both sides of the rotund rotunda, both sides of pennsylvania avenue. i do believe cooler heads will prevail. >>> what are the constructive conversations? for instance, are some elements of the gang of six proposal, i know you said it's not specific enough, it doesn't go adequately to slowing the growth of health spending, but are there co
that would have reduced spending by $4 trillion over the next decade. but if mr. boehner wanted to do a big deal, the majority leader eric cantor threw cold water all over it saying that the congressional republicans would reject any revenue increases as part of the deal. as for the president, he said that he is willing to take political hits from his own party, but not at the expense of struggling americans. >> i am prepared to take on significant heat from my party to get something done. i expect the other side should be willing to do the same thing if we are going to actually solve the problem, there are finite number of ways to do it. if you don't have revenues, it means you are putting more of a burden on the people who can least afford it. that's not fair. >> nbc's kristen welker is live at the white house. kristen, the president spoke about his willingness to take in his words significant heat from his own party in reaching a compromise, and he was clearly suggesting that the republicans must do the same, but will they? >> well, it is an interesting question at this point the two sid
are loop hoeholing loopholings. >> shouldn't they hold firm, democrats, on this. >> this is a big step forward for john cornyn, one of the big leaders in the -- a leader in the republican senate campaign committee to suggest they're open to the idea if not in the intermediate term closing loopholes is an important first step. it suggests that you can win some of your concessions you want here. if you're going to take drastic steps to reform medicare and medicaid and social security, which i agree we should, you should also hold firm to say that some are going to have their taxes changed. if the middle class and the people below the middle class are going to make sacrifices, and all americans should. people on the upper oechend sho as well. hopefully they'll agree to a corporate tax cut and hopefully doing something incentivize businesses hiring going forward. >> we got some great segment ms ahead. and must reads. the tax issue hurts it economy to deal with this a little bit and get what the democrats want on this. i don't think it does. >> i want patrick to explain this. he never quite
. >> the proposal would have budget sate h savings of $500 million. -- $500 billion. also it calls for big changes to medicare and social security. >> i think at the end of the day, what the overwhelming majority of americans are saying, fix this. and if it takes a little compromise from both. >> but the is plan faces a harsh reality. tough procedural obstacles means the proposal won't be ready ahead of the august 2 debt ceiling deadline. and a key block of conservatives is already saying no way. >> we know it's going to hurt job creation. we know it's bad for small businesses. we're not going to go for this type of plan. >> with time running out, harry reid, who is still work on a fall back plan with mitch mcconnell says he's now waiting for a signal from house gop leaders. >> we have a plan to go forward over here, but until we hear from the house of representatives, we really are -- all of our work here would be for not. >> now there is also talk of folding elements of the gang of six plan into this so-called fallback plan being worked out between senators reid and senator mitch mcconnell. but
. >>> the big business of gay marriage. one day before same sex couples tie the knot in new york, how some companies are planning to cash in. >>> good morning, everyone. i'm alex witt. welcome to msnbc saturday. we have two developments in two deadly attacks carried out in norway that left 91 people dead. police have one man in custody suspected in both attacks. one was a bomb set off in downtown oslo, and the other happened not long after when a gunman went on a shooting spree at a teen summer camp at an island outside of oslo. martin fletcher joins me on the phone from oslo. martin, let's talk about what police are revealing about the suspect. what do they know? >> reporter: well, alex, he's 32 years old, and he's a norwegian. interestingly on his facebook page he updated his facebook page just a week ago, and on that he called himself a conservative and he called himself a christian and he said his favorite hobby was hunting. so this paints a picture of a man who seems to be -- well, how can you describe such a person? radical of some kind. the police are saying it looks like it was the
wants 100%, then we can't get anything done. >> the president goes big, republicans go backwards. >> i have bent over backwards to work with the republicans. >> the one thing he won't accept is a short-term solution. >> boehnor's people and republicans on capitol hill say they are ready to eat the peas, but the peas can't have flavor of tax increases. >> speaker boehnor is caught between the tea party and catastrophe. >> he basically caved in on saturday night after pressure from eric cantor. >> he has the power in the house. >> what can you tell me about the relationship between speaker boehnor and eric cantor? >> senator dick durbin joins me. >> john boehnor is along for the ride. >> not all republicans believe the united states will default. >> i will be voting no on increasing the debt ceiling. >> these are ignorant people feeding lies to their constituents. >> dr. evil only asked for $1 million. >> tax pledges aren't the only problem for the republican candidates. >> did two republican hopefuls really sign a pledge suggesting a return to the days of slavery? >> the marriage vow. >
think speaker boehner has been very sincere about trying to do something big. i think he'd like to do something big. his politics within his caucus are very difficult. >> well, here's what he means. in a new poll, we see the complicated political caucus they are dealing with. the number of americans who are very concerned about default has ticked up seven points in the last two months. then it was just 35% believe not raising the limit and risking default was worse than raising it and potentially spurring more spending. now 42% see greater risk in a potential default, 47% are more concerned about lifting the limit but the gap has narrowed. that gets you talking about the education of the public in the last two months. look at the republican side. the folks who have been more engaged in this debate since the outset, the numbers have only hardened. 66% of republicans are more concerned with raising the debt limit compared to 60% in may. that number rises to 75% among republicans who identify with the tea party. so this is the issue. and speaker boehner has said he would only raise the d
. >> so, you think a grand bargain, the big deal the president is pursuing, $4 trillion in cuts over ten years, is it still possible or is it dead? >> we're going to try to get the biggest deal possible, the deal that's best for the economy, not justice in the short term, things that will help make sure americans get some tax relief they need right now, like extending the payroll tax cut, which is about $1,000 for the average family, but also things that will help make sure we have room to invest in our future and help bring those long-term deficits down over time. >> let me understand a couple bottom lines. does a tax increase, some kind of revenue increase, have to be part of this deal from the white house point of view? >> you have to have balance in the package for that to work. it's true economically and politically. republicans have told us from the beginning, they can't pass a debt limit increase, they can't pass a budget deal just with republican votes. they need democratic votes. it's going to take democrats and republicans in both houses to do something. that's the reason why p
. how exciting. >> they match. >> they do match. >> the big news of the day, yesterday, of course, was moody's coming out and saying, listen, we don't expect this to happ happen. the chances are slight this is going to happen. just the chance it may happen, we are going to downgrade america's credit rating. >> we are going to put it on credit watch to downgrade it or we will downgrade it if it happens. first of all, the rating agencies were behind the curve during the whole financial crisis and they took a lot of heat for that. now they are trying to be more proactive. when you have a congress that refuses to address the issue, what do they do? it's not a shocker. it's another symbol of how dysfunctional things are in washington and what the stakes are and how dangerous it is. you know a few people across the globe. >> i like it when mika says it better. >> say international financeer. >> i would think these are trying times for banks across the world. look at ireland a second time. it's spread to italy. we have all heard -- greece, portugal. it's all across europe. it's coming to
the possibility of doing something bigger. >> look, here's where things stand. there are three different big deals out there. number one is what the president and speaker boehner and eric cantor are negotiating, which is, yes, a big deal that is separate from anything the gang of six in the senate is working on. and then of course there's mcconnell-reid. one thing that's going on in the last 24 to 48 hours, is any deal that's mcconnell-reid that includes this idea of sort of the disapproval vote, giving the president more power to raise the debt ceiling, that thing has grown to the point of almost being toxic with some house republicans. in fact, they hate it so much, they may prefer to negotiate with the president directly. but for the white house, getting the 217 means making a deal acceptable to at least some of those houses with 87 new members. the man who's made himself their standard bearer, majority leader eric cantor put it this way. >> one-third of the republican conference and one-quarter of the entire house of representatives are freshmen, they're new. many of them have never served in
to comment until you see some specifics. i think that the bottom line is in terms of an overall deal, the big holdup here is the fact that republicans have kept revenues off the table completely, even eric cantor yesterday, people said well, it's a great thing he says maybe he'll do a few of these egregious loopholes in the law, corporate jets and yachts and stuff like this, but even there, he had another loophole put in the law and none of the money that would be -- that comes from closing these loopholes would be used to reduce the deficit. so it's one step forward, two steps back. if republicans are willing to entertain serious revenues, there's a real chance for a big deal. if they're not, there's no chance for a big deal and i can tell you this. democrats are not going to go for something that says we have all these cuts that we'll put in the budget now and maybe we'll get revenues down the road, the ways and means committee or the finance committee will decide those down the road. leader reid issued a statement that i think sums up our view, that there has to be balance between cuts and
was a big month for american auto makers. cite her says -- chrysler says sales was up 30%. general motors and ford report 10% increases. toyota and honda were off more than 21%. home construction fell 2.1% in may. overall, construction spending was down .6 of a percentage point. it could be four years before the construction returns to healthier levels. manufacturerring activity was up a bit in june after the worth month in two years in may. stocks ended the week on a high note. dow gained 168.5. s&p 500 up 19. nasdaq finished up 2.5. >>> governors in two midwestern states find themselves under fire tonight. one for not getting a budget deal done and another for the budget dealhe did get done. correspondent mike tobin has that story from chicago. >> with protesters already outside his door, ohio republican governor john kasich dove deeper in controversy signing a budget that closes a $6- to $8 billion budget gap with deep and painful cuts. hardest hit are private nursing homes with a #% reduction in medicaid funding. the powerful ohio healthcare lobby responded with a dramatic add campaig
get something done. there's a real big problem here inside the republican conference, and nobody on the democratic side should be held responsible for that. we are together on the democratic side. we want to get this thing done. we want to put skin in the game, and we seem to be getting pushed back on every front, from the republican side. and that is a real, real big problem. somebody ought to be speaking for the republican party on this issue. >> congressman jim clyburn, thank you so much for being here this morning. >> thank you. >>> president obama proves he's still a prolific fund-raiser. wait until you hear how much money his campaign officially raised with the dnc in the second quarter. that coming up in five minutes. but we've got some breaking news right now. police say three explosions have rocked mumbai, india. it happened in a crowded neighborhood in the central part of the city. the other two blasts hit a famed jewelry market and a busy business district. no word yet on any injuries or deaths. we are working to get more information. we'll have more updates as they be
on cutting a big deal to take us through five to ten years, not just five or ten weeks. the problem, it seems to me, yesterday was a good example of it. you have questions tweeted to the president of the united states, questions delivered from the real world about housing problems, about i'm losing my house, my mortgage, what are we going to do. not policy questions from washington media members. the problem is that the president is dealing with a number of people who don't live in the real world. for example, eric cantor. no matter how many times he's been on and how many times we talk about rescinding the bush tax cuts, he calls it a tax increase. go to the grocery store and milk is on sale for $3.25. the next week it goes up to $3.75. it's not a hike in price, it's reverting back to the original price. they don't live in the real world. they just don't. >> he'll be on this morning so you can ask him again. >> we will ask him again. >> i would like to ask him what it is they offered yesterday that was different. the president talked about boehner's question being skewed. i put the question
guns on something he's done his entire presidency, which is when there's a big bill that needs to get through congress, whether health care, whether the stimulus or whether this, he lets congress handle the details. he doesn't present his own legislation. he doesn't say here's my plan. let's amend from this. it's instead, trying to let's grab a piece here, let's grab a piece there. let congress do all the talking. we'll see. it is one of those debates that takes place among folks that observe this president from the outside wondering why does he keep doing it this way. who will win the battle long term? john boehner and harry reid teed up that fight yesterday. >> two groups of people from two different planets who barely understand the language of the other one. they're two remarkably different visions for what the appropriate role of the government should be in our society. how our country operates. it's stark and it would shock most americans. >> any time around here with the new tea party philosophy, they seem to think they have an all-knowing wisdom about the constitution. in shor
and other democrats. it's not about increasing taxes for anyone. it's about getting rid of some of the big businesses who do not need these extra funds. host: phil in orlando, florida, an independent. what are your thoughts? caller: good morning. we should work on a grand bargain, instead of a mini-deal. to me, it is basic common sense. we need to get people moving in the process. it could be a national bordering program -- national program to do some work that would stimulate your psychological and social well-being. secondly, we should be making sure the parties are not playing politics and bowling to their constituents, who basically seem like the corporations that are running the government. host: would you characterize the tea party as a corporate complex? caller: the tea party has merits. we understand their protests. there seems to be sort of an ideology attached to it, as well, which is under the surface of the tea party. host: let's talk to william, a democrat in hollywood, florida. go ahead. ay the: i'm going to s grand deal. that's what we need to make. second of all, entitlemen
. there's supposedly meetings between the white house and senate and big game players later this beak. in erms the of a deal we're getting a real date, not necessarily august 2nd, but july 22nd. why? there's a ten-day period needed for the congressional budget office to score any type of compromise as well as you're going to have to sell this compromise to the members. house republicans have been steadfast they don't want any tax increases to consider any type of compromise. speaker boehner needs some time to sell that to his members. >> you're talking about political high ground. you're not talking about the substance. i want to ask you about libya. there is a procedural vote the first step on the kerry-minnesota cane resolution on libya what do you see there? >> it's around 5:30 p.m. today. it really is a procedural vote on the mccain-kerry libya resolution which says for one year the u.s. should allow -- there should be force in libya, u.s. backed force with no ground troops. to one democratic aide said they really don't know how this vote the going to come come out. there is specu
cuts. in a big deal, lawmakers may find them worthwhile. state republican leader mitch mcconnell says they all want a deal but they fear a big tax increase. >> bret: the director of the capital of economic advisors will join us in a moment. federal appeals court barred any enforcement on the ban on openly gay service members. the ninth circuit court of appeals in san francisco says the "don't ask, don't tell" policy must be lifted immediately. they repealed it in september but the pentagon is working on the transition. we learned today that the shooter in the fort hood massacre will face death penalty in his court-martial. army sigh control psychiatrist nidal hasan faces charges in the shooting spree at the texas army post. authorities are warning airlines that terrorists may try to con seem explosives within their bodies. we have more on the story we told you about tuesday, about a terror suspect being brought to the u.s. to face criminal charges. national correspondent catherine herridge has defails. >> reporter: this court in southern district of new york is where somali national t
Search Results 0 to 49 of about 66 (some duplicates have been removed)